ETHFI is the native utility and governance token of Ether.Fi, a non-custodial, decentralized staking protocol built on the Ethereum blockchain. This innovative platform offers secure and seamless delegated staking services, creating new revenue streams for participants.
Key Features of ETHFI
- Decentralized Staking Protocol: Ether.Fi implements Operation Solo Staker by deploying nodes across global regions, reducing counterparty risks between node operators and the protocol.
- Governance Token: ETHFI empowers community participation in shaping the future of decentralized finance (DeFi).
- Fixed Supply: Strategically distributed through airdrops to enhance decentralization.
eETH Token: Ethereum's first native liquid restaking token, enabling participants to earn multiple rewards:
- Ethereum staking rewards
- Loyalty points
- Restaking rewards
- DeFi liquidity provisioning opportunities
👉 Discover how ETHFI is revolutionizing Ethereum staking
ETHFI Development Roadmap
Phase 1: Foundation (2023)
- June: Enabled secure ETH staking via dApp (32 ETH per validator)
- August: Launched first DVT mainnet validators with Obol Labs
- October: Open-sourced smart contracts for transparency
- November: Introduced eETH liquid staking token
Phase 2: Expansion (2024)
- February: Plans to open-source additional software
- April: Complete DVT integration Phase 2 (permissionless solo staking)
- DAO Governance Implementation
- Smart contract finalization (removing upgrade capabilities)
How ETHFI Staking Protocol Works
Step-by-Step Staking Process
- Deposit minimum 32 ETH through web application
- Choose node operator (specific or auction-based)
- Confirm pricing/operator bid
- Generate withdrawal/validator keys via desktop app
- Encrypt and upload keys (StakeRequest file)
- Complete deposit to official Ethereum staking contract
Security Best Practices
- Use isolated devices and USB drives
- Hardware wallets (Ledger/Trezor) for mnemonic protection
- Offline key generation
- New mnemonics for each staking instance
Ether.Fi's Security Framework
| Security Measure | Description |
|---|---|
| Non-Custodial Protocol | Users retain full key control |
| EigenLayer Restaking | Enhances economic security layer |
| SSV Network Integration | Distributed Validator Technology (DVT) |
| Investment Protection Network | Financial safeguards for staked assets |
| Transparent Documentation | Detailed security measures publicly available |
Where to Buy ETHFI
👉 Get started with ETHFI on leading exchanges
Frequently Asked Questions
Q: What makes ETHFI different from other staking tokens?
A: ETHFI combines native liquid restaking (eETH) with decentralized governance, offering multiple reward streams while maintaining non-custodial security.
Q: How much ETH do I need to start staking?
A: The protocol requires 32 ETH per validator, matching Ethereum's staking requirements.
Q: Is Ether.Fi secure for large stakers?
A: Yes, its DVT implementation and hardware wallet compatibility make it suitable for institutional-level staking.
Q: When will DAO governance begin?
A: Planned for April 2024 as part of the protocol's decentralization roadmap.
Q: Can I unstake my ETH at any time?
A: Yes, users maintain full control over their staked assets with flexible unstaking options.